FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Friday, September 30th, 2011

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AFTER MARKET UPDATE - FRIDAY, SEPTEMBER 30TH, 2011

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Indices				NYSE			Nasdaq
DOW	-240.60	10,913.38	-2.16%	Volume	1,323,204,660	+18%	Volume	1,984,427,990	-11%
NASDAQ	-65.36	2,415.40	-2.63%	Advancers	615	20%	Advancers	582	22%
S&P 500	-28.98	1,131.42	-2.50%	Decliners	2,457	79%	Decliners	1,997	75%
Russell 2000	-18.64	644.16	-2.81%	52 Wk Highs	29		52 Wk Highs	3
S&P 600	-10.07	355.39	-2.76%	52 Wk Lows	275		52 Wk Lows	247

S&P 500 Index Fell -14.3% in Third Quarter
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
For the week, the Dow Jones Industrial Average was up +1.3%, the S&P 500 Index fell -0.4%, and the Nasdaq Composite Index dropped -2.7%. Higher volume was reported on the NYSE on Friday while the Nasdaq exchange saw lighter volume. Breadth was negative as declining issues beat advancers by 4-1 on the NYSE and by more than 3-1 on the Nasdaq exchange. The new 52-week lows totals increased and easily outnumbered new 52-week highs on both the Nasdaq exchange and the NYSE, and the new highs total on the Nasdaq exchange remained in the single digits. There were only 2 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, down from 3 on the prior session. There were losses for all 13 high-ranked companies currently included on the Featured Stocks Page.

The recent themes prevailed as a difficult quarter ended on Wall Street with another sharp loss. Data from overseas reinforced the perception that the global economy is slowing, and overshadowed U.S. economic reports on business activity and consumer sentiment that were better than expected. A report out of China got the most attention. A gauge of Chinese manufacturing dropped for the third straight month.

Basic materials, industrials and financials brought up the rear. Ingersoll Rand Plc (IR -12.11%) after lowering its earnings outlook. Micron Technology Inc (MU -14.14%) sank after posting an unexpected net loss in the latest quarter. Eastman Kodak Co (EK -53.84%) plunged to 78 cents following a report the company is weighing a bankruptcy filing. The 10-year Treasury note rallied 26/32 to yield 1.91%.

The market environment (M criteria) is clearly under pressure and back in a correction after the heavy wave of distributional action last week. The latest confirmed rally may, at best, be considered barely alive by the fact that the Nasdaq Composite Index and S&P 500 Index are still fighting to stay above their respective Day 1 (8/09/11) lows.

View the Q3 2011 Webcast (aired on September 28th) now available "ON DEMAND" - (CLICK HERE) for an informative review of current market conditions, leading groups, and best buy candidates. All upgraded members are eligible to access the webcast presentation at no additional cost! Via the Premium Member Homepage links to all prior reports and webcasts are always available.

PICTURED: The S&P 500 Index dropped for the fifth straight month, the longest losing streak since 2008, and finished the quarter down -14.3%. The benchmark index is -28.2% off its October 2007 all-time high and -17.4% off its high from May 2, 2011.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.

Financial Groups' Weakness Still Poisoning Broader Market
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Financial shares' weakness continued to poison the market as the Broker/Dealer Index ($XBD -4.78%) and Bank Index ($BKX -3.81%) had a heavy negative influence on Friday. The tech sector was led lower by big losses from the Networking Index ($NWX -3.74%), Semiconductor Index ($SOX -3.42%), Internet Index ($IIX -3.09%), and Biotechnology Index ($BTK -1.99%). Energy-related shares faced pressure as the Oil Services Index ($OSX -4.00%) and Integrated Oil Index ($XOI -3.26%) both sank. The Retail Index ($RLX -2.64%) and Healthcare Index ($HMO -1.89%) also created a drag on the major averages, meanwhile the Gold & Silver Index ($XAU +0.30%) was a standout performer with its modest closing gain.

Charts courtesy www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -4.78%) ended near the year's lowest close. Persistent weakness in the financial group has been a "leading indicator" which has again followed historic precedent while leading the broader market lower in recent months.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	190.23	-7.93	-4.00%	-22.39%
Healthcare	$HMO	1,872.96	-36.08	-1.89%	+10.70%
Integrated Oil	$XOI	1,031.82	-34.81	-3.26%	-14.95%
Semiconductor	$SOX	338.82	-12.00	-3.42%	-17.73%
Networking	$NWX	213.44	-8.29	-3.74%	-23.92%
Internet	$IIX	261.36	-8.33	-3.09%	-15.07%
Broker/Dealer	$XBD	79.98	-4.02	-4.78%	-34.18%
Retail	$RLX	492.91	-13.39	-2.64%	-3.04%
Gold & Silver	$XAU	185.00	+0.56	+0.30%	-18.35%
Bank	$BKX	35.34	-1.40	-3.81%	-32.31%
Biotech	$BTK	1,102.56	-22.41	-1.99%	-15.03%

Slump Under Old Highs Near Prior Pivot Point Cited
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Mistras Group Inc (MG -$0.55 or -3.04% to $17.56) has slumped under its old highs and violated its 50-day moving average line triggering technical sell signals. It finished near the pivot point cited in the mid-day report on 8/10/11 when it was then charging toward its April highs. After rallying above them to new highs its prior resistance acted as a support level while consolidating. Any subsequent losses could lead to more worrisome technical damage, meanwhile a rebound above its 50 DMA is needed for its outlook to improve. Its last appearance in this FSU section was on 9/09/11 with an annotated daily graph under the headline, "Hovering Near Highs Well Above Support".

Since its last FSU analysis was published the Building - Maintenance Services group has seen its Group Relative Strength Rating slump to (42), which is mediocre, whereas the L criteria calls for leadership in the industry group. The chart below shows the stock slumping under its 50 DMA line and under old (April) highs, trading near its previously cited pivot point. It has maintained its solid earnings history concerning the C and A criteria. The number of top-rated funds owning its shares rose from 99 in Sep '10 to 153 in Jun '11, a very reassuring sign concerning the I criteria. After its 5/05/11 Public Offering the company management's still large 47% ownership interest keeps them very motivated to look after and build shareholder value. The small supply (S criteria) of only 27.7 million shares outstanding and 14.7 million in the public float can contribute to greater price volatility in the event of institutional buying or selling. Disciplined investors always limit losses at 7-8% if ever a stock falls that much after purchased. If the market environment (M criteria) is not favorable, 3 out of 4 stocks typically follow the direction of the major averages. Disciplined investors do not fight the tape!

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
AAPL - NASDAQ Apple Inc COMPUTER HARDWARE - Personal Computers	$381.32	-9.25 -2.37%	$388.89	19,557,847 86.74% of 50 DAV 50 DAV is 22,547,900	$422.86 -9.82%	9/16/2011	$399.14	PP = $404.60
								MB = $424.83
Most Recent Note - 9/30/2011 6:53:56 PM G - Loss today with lighter than average volume violated its 50 DMA line raising concerns. Color code is changed to green, meanwhile a prompt rebound above that important chart support level is needed for its outlook to improve. >>> The latest Featured Stock Update with an annotated graph appeared on 9/19/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
ALXN - NASDAQ Alexion Pharmaceuticals DRUGS - Drug Manufacturers - Other	$64.06	-0.17 -0.26%	$65.12	1,722,057 103.53% of 50 DAV 50 DAV is 1,663,400	$68.50 -6.48%	9/15/2011	$63.20	PP = $60.81
								MB = $63.85
Most Recent Note - 9/30/2011 6:55:42 PM G - Held its ground today. It is extended from its prior base after a spurt of gains with above average volume. Prior resistance in the $59-60 area defines initial support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 9/15/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
ATHN - NASDAQ Athenahealth Inc DIVERSIFIED SERVICES - Business/Management Services	$59.55	-3.54 -5.61%	$62.59	857,389 100.50% of 50 DAV 50 DAV is 853,100	$72.70 -18.09%	9/8/2011	$61.93	PP = $61.78
								MB = $64.87
Most Recent Note - 9/30/2011 6:58:15 PM G - Gapped down today and finished below a significant prior high close ($60.00 on 8/03/11) which technically negated its recent breakout, raising concerns. Its 50 DMA line is the next nearest support level. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 9/29/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
CELG - NASDAQ Celgene Corp DRUGS - Drug Manufacturers - Major	$61.91	-1.02 -1.62%	$63.00	3,831,118 88.78% of 50 DAV 50 DAV is 4,315,200	$65.86 -5.99%	9/16/2011	$61.21	PP = $62.59
								MB = $65.72
Most Recent Note - 9/30/2011 6:59:44 PM Y - Down today with a loss on below average volume, slumping further below its pivot point. Following its breakout on 9/20/11 it abruptly pulled back near previously stubborn resistance in the $62 area which has acted as a support level. >>> The latest Featured Stock Update with an annotated graph appeared on 9/16/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
CPA - NYSE Copa Holdings Sa TRANSPORTATION - Regional Airlines	$61.27	-2.76 -4.31%	$64.04	504,816 160.06% of 50 DAV 50 DAV is 315,400	$72.86 -15.91%	9/21/2011	$69.67	PP = $72.86
								MB = $76.50
Most Recent Note - 9/30/2011 7:02:42 PM Down today with above average volume testing its 200 DMA line previously noted as the next important support area to watch. Based on weak action it will be dropped from the Featured Stocks list tonight. Only a prompt rebound above its 50 DMA line would help its outlook improve. >>> The latest Featured Stock Update with an annotated graph appeared on 9/26/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
DMND - NASDAQ Diamond Foods Inc FOOD and; BEVERAGE - Processed and; Packaged Goods	$79.80	-2.09 -2.55%	$82.65	587,000 146.90% of 50 DAV 50 DAV is 399,600	$96.13 -16.99%	9/13/2011	$75.57	PP = $80.16
								MB = $84.17
Most Recent Note - 9/30/2011 7:05:27 PM G - Spurt of damaging losses with above average volume pressured it to a close below its pivot point today while testing prior highs in the $80 area previously noted as initial chart support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 9/13/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
EXLS - NASDAQ Exlservice Holdings Inc DIVERSIFIED SERVICES - Business/Management Services	$22.00	-0.11 -0.50%	$22.25	139,571 65.80% of 50 DAV 50 DAV is 212,100	$26.55 -17.14%	8/2/2011	$24.85	PP = $24.85
								MB = $26.09
Most Recent Note - 9/30/2011 7:08:27 PM It may find support near its 200 DMA line where it has been hovering, but it has failed to rebound after damaging losses. Based on weak action it will be dropped from the Featured Stocks list tonight. A rebound above its 50 DMA line is needed for its outlook to improve. >>> The latest Featured Stock Update with an annotated graph appeared on 9/28/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
JAZZ - NASDAQ Jazz Pharmaceuticals Inc DRUGS - Biotechnology	$41.50	-0.18 -0.43%	$43.47	622,252 64.40% of 50 DAV 50 DAV is 966,200	$47.88 -13.33%	9/20/2011	$46.56	PP = $44.63
								MB = $46.86
Most Recent Note - 9/30/2011 7:10:32 PM Y - Quiet loss today inching further below its pivot point raising concerns. It is testing near its 50 DMA line that defines important chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 9/20/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
MA - NYSE Mastercard Inc Cl A DIVERSIFIED SERVICES - Business/Management Services	$317.16	-11.21 -3.41%	$324.23	1,719,498 106.40% of 50 DAV 50 DAV is 1,616,000	$361.94 -12.37%	8/3/2011	$324.82	PP = $322.38
								MB = $338.50
Most Recent Note - 9/30/2011 7:12:05 PM G - Slumped below important support at its 50 DMA line today, raising more serious concerns and triggering a technical sell signal. >>> The latest Featured Stock Update with an annotated graph appeared on 9/12/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
MG - NYSE Mistras Group Inc DIVERSIFIED SERVICES - Bulding and Faci;ity Management Services	$17.56	-0.55 -3.04%	$18.23	106,323 52.17% of 50 DAV 50 DAV is 203,800	$20.82 -15.66%	8/10/2011	$17.89	PP = $17.58
								MB = $18.46
Most Recent Note - 9/30/2011 8:08:54 PM G - Slumping below old highs and its 50 DMA line, raising concerns while testing near its pivot point. See the latest FSU analysis for more details and an new annotated daily graph. >>> The latest Featured Stock Update with an annotated graph appeared on 9/30/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
MKTX - NASDAQ Marketaxess Holdings Inc FINANCIAL SERVICES - Investment Brokerage - Nationa	$26.02	-0.53 -2.00%	$26.50	252,866 84.68% of 50 DAV 50 DAV is 298,600	$30.95 -15.93%	7/29/2011	$25.87	PP = $26.35
								MB = $27.67
Most Recent Note - 9/30/2011 7:45:08 PM G - Slumped further below its 50 DMA line today while testing a recent support area near prior highs in the $26 area. A prompt rebound above its short-term average is needed to help its outlook improve. >>> The latest Featured Stock Update with an annotated graph appeared on 9/27/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
PSMT - NASDAQ Pricesmart Inc RETAIL - Drug Stores	$62.32	-1.61 -2.52%	$65.46	233,696 73.19% of 50 DAV 50 DAV is 319,300	$75.16 -17.08%	8/30/2011	$63.01	PP = $62.37
								MB = $65.49
Most Recent Note - 9/30/2011 7:47:08 PM G - Testing support near its prior highs and its 50 DMA line noted as important chart support levels to watch. More damaging losses would raise greater concerns and trigger technical sell signals. >>> The latest Featured Stock Update with an annotated graph appeared on 9/14/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
V - NYSE Visa Inc Cl A DIVERSIFIED SERVICES - Business/Management Services	$85.72	-1.97 -2.25%	$87.62	4,488,089 73.45% of 50 DAV 50 DAV is 6,110,700	$94.75 -9.53%	9/20/2011	$93.91	PP = $90.93
								MB = $95.48
Most Recent Note - 9/30/2011 7:48:38 PM G - Loss today on lighter than average volume violated its 50 DMA line raising concerns. Color code is changed to green, meanwhile a prompt rebound above its short-term average is needed for its outlook to improve. It recently stalled after rallying to a new all-time high. >>> The latest Featured Stock Update with an annotated graph appeared on 9/21/2011. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M

THESE ARE NOT BUY RECOMMENDATIONS! Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

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